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Selligent: very good financial results for the first half of 2008 boos

A turnover of more than 7.3 million euros

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date: 25.09.08
client: Selligent
agency: Le Savoir Dire
press release type: Promotion
number of characters: 4.258
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author: Emilie Coquin
country of origin: France
customisable: no
further languages possible: yes
contact: Emilie Coquin
Selligent

This growth is explained mainly by an increase in sales of licences and maintenance income amounting to more than 16%.

PRESS RELEASE


Selligent: very good financial results for the first half of 2008 boosted by growth in software revenue
Paris/Gosselies, 25 September 2008 – Selligent, a specialist European provider of Customer Relationship Management solutions, has announced turnover of more than 7.3 million euros, a significant increase, for the first half of 2008. This growth is explained mainly by an increase in sales of licences and maintenance income amounting to more than 16%.

Selligent’s positive results reflect its strong commercial and strategic development. The company generated turnover of 7,308.60 thousand euros in the first six months of 2008 and operating income of 609 thousand euros. These results have exceeded both targets and expectations.

This growth in turnover has been driven mainly by an increase of more than 16% in sales relating directly to software, in other words, licences and maintenance services. Alongside this volume growth, the company has also witnessed a significant rise in the average value of its contracts. For the first time in its history, Selligent has signed a seven-figure licence agreement.

This performance proves that Selligent’s strategy is on the right track. The company has decided to concentrate on its software activity and to join forces, for the services element, with a continuously expanding network of integrator partners with expert knowledge of its solutions. Its portfolio of major clients is also growing, with some noteworthy signatures during the first half of the year in both France and Europe, strengthening Selligent’s European position. The Paris Chamber of Commerce and Industry, CorsairFly, the Fondation de France, PCM, Brinkmann Pumps and SteamLab are just some of the new references who have been convinced by the agility derived from Selligent solutions.

Some internal changes decided in the first half of the year have laid the foundations for more significant growth in the second six months and beyond. The appointment of Eric de Bellefroid as Chief Marketing Officer and the company’s commercial reorganisation into Business Units reflect Selligent's sector-based market approach designed to more effectively meet the needs of the different segments and strengthen cooperation with its partners. The main sectors targeted are finance, industry and services.

André Lejeune, Selligent’s CEO, explains: "In contrast to other software publishers, we have opted for a generic and highly customisable suite rather than vertical solutions. Our approach relies on a specialist commercial team, capable of understanding the customer’s business and supported by a portfolio of differentiated solutions consisting of a careful selection of Selligent modules, as well as close cooperation with experienced partners."
About Selligent
Selligent is a European provider of CRM solutions (Customer Relationship Management).
Since its creation in 1990, it has established itself as a specialist in collaborative solutions aimed at boosting the organisation and action of teams in direct contact with customers, prospects and business relationships.
Its solutions enable marketing, sales, customer care and consulting departments to develop powerfully interactive, effective and sustainable relationships with all their contacts and ecosystems.
Selligent offers a unique approach combining agility, pragmatism and implication to support the success of CRM projects.
Based in Belgium, France and Germany, Selligent covers most European countries and is actively working to develop its networks of distributor and integrator partners.
For further information, visit our website www.selligent.com.

FOR PRESS INFORMATION
Agence Le Savoir dire

Emilie Coquin
90, avenue des Champs Elysées
F – 75008 Paris
Tél +33 (0)1 56 43 76 95
emilie@le-savoirdire.com - www.le-savoirdire.com
Selligent France

Patricia Duponcheel
Marketing Co-ordinator

Tél. +33 (0)1 41 24 41 41
http://www.selligent.com/fr



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